Status

Initial concept.

Role In First Phase

Potential Southeast Asia node for year-round life, access to nature, international airport connectivity, and regional growth.

Questions

What legal structure can hold or lease land?
What housing types are allowed?
What areas near Da Nang balance nature, access, and quiet?
What local partners are needed?
Can the Village combine living, hospitality, agriculture, and education?

Legal Research Notes

Vietnam is attractive but legally more complex than Spain.

Key points:

foreigners cannot own land directly
land use usually works through LURC, concession, FIE, or JV
foreign land use terms are commonly around 50 years
agricultural land is difficult or unavailable directly to foreign investors
modular/mobile homes need permits if stationary

Likely pilot model:

FIE or JV with local partner on properly classified tourism or commercial land, with Specus Village first acting as operator/brand rather than selling homes or investment rights.